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3611 W HIGHWAY 116 photo 11 / 31
Single Family

$1,950,000

3611 W HIGHWAY 116, Mt Pleasant, UT 84647

Type

SFR

List Price

$1.95M

Price/Sqft

$967

Est Gross Yield

3.0%

$57,936/yr est.

Property Details

Property typeSingle Family
Year built1930
Total units1
Living area2,016 sqft
Bedrooms3
Bathrooms2
Lot size60.13 acres
Days on market22
Listed2026-05-21T00:00:00+00:00

Description

Discover a rare opportunity to own 60.13 acres of scenic Utah countryside where the beautiful Sanpitch River winds gracefully through the property, creating a peaceful setting rich with wildlife, open space, and endless possibilities. This exceptional Mt. Pleasant ranchette combines productive farmland, breathtaking views, and comfortable rural living all in one remarkable property. The 2,016 sq. ft. home offers country charm with modern comfort, perfectly positioned to enjoy panoramic mountain and valley views in every direction. Whether you're looking for a working farm, horse property, recreational retreat, corporate retreat, air bnb, or private homestead, this property offers the versatility to fit your vision. Included are 61.50 irrigation water shares through the McArthur Frandsen Ditch Company along with three wheel lines, providing valuable water resources for farming, ranching, or pasture use. The river corridor attracts abundant wildlife year-round, including deer, wild turkeys, and seasonal elk, creating an incredible natural backdrop right outside your door. Properties offering this combination of usable acreage, irrigation water, river frontage, wildlife, and a move-in-ready home are increasingly hard to find. Experience the beauty, privacy, and lifestyle that country living in Mt. Pleasant has to offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Stacie Kimberley · Coldwell Banker Realty (Union Heights)

Location

3611 W HIGHWAY 116, Mt Pleasant, UT 84647

Proforma

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Cap Rate

1.98%

Cash-on-Cash

-7.20%

Cash Flow

-$4,389/mo

Purchase Price$1,950,000
Down Payment35% ($682,500)
Interest Rate6.00%
Monthly Rent$4,828/mo
Vacancy5%
Expense Ratio30% ($16,512)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 3:28:06 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.